$9,995,000
NEW CONSTRUCTION

120 Coconut Palm Rd Vero Beach, FL 32963

Estimated payment $60,709/month

Total Views 6,767
5 Beds
6 Baths
5,187 Sq Ft
$1,927 Price per Sq Ft

Highlights

  • 143 Feet of Waterfront
  • Dock has access to electricity and water
  • New Construction
  • Beachland Elementary School Rated A-
  • Pool and Spa
  • Wood Flooring

About This Home

John's Island, Vero Beach: Brand new and impeccably crafted, this 2024-built estate spans 7,773 total SF on a .69- acre corner lot with 143' of waterfrontage. Designed by Gregory Anderson and built by Water's Edge Estates, it features dramatic ceiling details, a three-bay garage, resort- style pool/spa, guest balconies, outdoor kitchen, and a covered lanai. Enjoy absolute privacy with lush mangroves, native wildlife, and your own private dock. A rare waterfront retreat in the heart of Johns Island.

Listing Agent

Michael Merrill

Douglas Elliman License #BK3254788 Listed on: 07/24/2025

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,263

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.6 Acre Lot
  • 143 Feet of Waterfront
  • Home fronts a canal
  • West Facing Home
  • Gated Home
  • Corner Lot
  • Sprinkler System
  • Property is zoned 0100 - 0100 Single Family

Home Design

  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,187 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Dining Area
  • Den
  • Library
  • Loft

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Dock has access to electricity and water
  • Dock made with wood
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32391300002000000002.0

Community Details

Overview

  • Johns Island Subdivision
  • Mandatory Home Owners Association

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,263

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Lot Size: 133
  • Subdivision Name: Johns Island
  • Directions: In Vero Beach take Highway A1A North to South entry gate of John's Island. Guard will direct.
  • Architectural Style: Two Story
  • Year Built: 2023
  • Location Tax Legal:Zoned: 0100 - 0100 Single Family
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 76263.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 5187.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 133
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 26136
  • WaterSewer:City Water: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Security:Gate House: Yes
  • Auto Garage Door Opener: Yes
  • Security:Security Guards: Yes
  • Floors:StoneBrick: Yes
  • Waterfront:Canal: Yes
  • Exposure:West: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Wood: Yes
  • General Property Description:Waterfront Ftg: 143.0
  • Lot Size:Corner Lot: Yes
  • Dock:Water at Dock: Yes
  • Garage 3 Car: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Oven-Double, Microwave, Washer, Dryer, Central Vac System
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Stone/Brick, Other Flooring
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Smoke Detectors, Pantry
  • Living Area: 5187.0
  • Window Features: Impact Glass-Full
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Central Vac System: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre, Corner Lot
  • Pool Features: Pool, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: Canal
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, New Construction
  • Exterior Features: Patio/Lanai, Sprinkler System, Impact Doors, Impact Windows
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Parking Features: 3 Car, Attached, Door Opener
  • Garage: Yes

Utilities

  • Security: Gate House, Security Guards
  • Cooling: Multi Zone Air
  • Cooling Y N: Yes
  • Heating: Multi Zone Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 26136.0
  • Parcel #: 32391300002000000002.0
  • Zoning: 0100 - 0100 Single Family

Tax Info

  • Tax Annual Amount: 76263.0
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,092 $7,102,753 $2,306,220 $4,796,533
2023 $12,092 $840,216 $0 $0
2022 $9,890 $902,893 $899,426 $3,467
2021 $8,588 $694,393 $691,866 $2,527
2020 $8,742 $694,257 $691,866 $2,391
2019 $8,796 $694,257 $691,866 $2,391
2018 $8,576 $694,035 $691,866 $2,169
2017 $7,602 $572,855 $0 $0
2016 $6,998 $492,160 $0 $0
2015 $7,342 $492,160 $0 $0
2014 $6,936 $462,990 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $9,995,000 -- $1,927 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $425,000 --
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 25-1089

APN: 32-39-13-00002-0000-00002.0

Florida Indian River County Vero Beach 32963

120 Coconut Palm Rd, Vero Beach, FL

This home is located at 120 Coconut Palm Rd, Vero Beach, FL 32963 and is currently priced at $9,995,000, approximately $1,926 per square foot. This property was built in 2023. 120 Coconut Palm Rd is a home with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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Listing Agent
Michael Merrill
Section Image
Douglas Elliman
(772) 837-5887